Political Science 2237E Lecture Notes - Lecture 2: Conspicuous Consumption, Gift Economy, Timocracy

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Plato divides people in three parts - ruling/rational portion, courageous/ honour seeking, appetitive/productive. The polis is separated in a similar way: leader, soldier, producer. Augustine speaking while roman empire is collapsing. Calvin is living in a city state. Most literature is written by aristocratic or upper class. Gift vs. pro t economy: in a gift economy the accumulation of money is not the goal, money does not de ne wealth, people want to accumulate status or honour because they equal power. The failure to provide a counter give could result in some sort of social fall: in a pro t economy the conception of wealth is more about possession of materials and money. !1: talk about things in terms of their value. We de ne wealth in a difference way than. It has re-arranged what our idea of society is and what we think is right in society.

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